Based on the National Association of Realtors statistics for 2006, the average sale price of single family homes sold without the assistance of a Realtor was $187,200.
During this same period, the average sale price of a single family home sold with the assistance of a Realtor was $247,000. After paying a commission of $12,752 (7% on the first $100,000 and 3.5% on the balance) they would have netted $234,248 or $47,047 more than the FSBOer.
Stastics can at times be misleading but I think that the message sent by these stats are quite clear. Chances are that if you FSBO you will be working for free.
**source NAR Profile of Home Buyers and Sellers**
No comments:
Post a Comment